Glossary > Accounting > sum
sum
noun

  1. a quantity of money

    Examples

    • A sum of money was stolen from the human resources office.

    • He lost large sums on the stock exchange.

    • She received the sum of £5000 in compensation.

  2. the total of a Series of figures added together

    Example

    The sum of the various subtotals is £18,752.

Browse by Subjects
Futures
Trading
Options
Technical Analysis
Stocks
Related Terms
calls in arrear
sums chargeable to the reserve
golden handshake
covenant
endowment mortgage
See All Related Terms »

Popular Terms In Accounting
bank advance
Society for Worldwide Interbank Telecommunications (SWIFT)
technical correction
unsecured creditor
private sector